I’m not surprised to see the “Return from Summer” being greeted with volatility. But there is no volume. It seems the “A Team” has already departed for the Jewish New Year.
Yesterday was a disaster but the NYSE did only 750m shares at the close. Today we are making it almost all back again on no volume. Tomorrow will be a throwaway day due to the Holiday.
Listen, the market is doing exactly what it’s supposed to be doing from both a technical and fundamental perspective, so get used to it. Seek out low expectations only on weakness. That has been and remains the strategy.
BTW–I just did several Yahoo Tech Ticker hits. Today’s hit will be on the market. Tomorrow they will post two more on the state of the economy and how to fix the banks. We will post them here.
I’ll be out tomorrow taking care of business. Happy New Year to those who Observe!
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Back at ya.
Much thanks!
Jewish influence on the market, is it that huge?
[[Tomorrow will be a throwaway day due to the Holiday. ]]
We’ll soon find out. But I gotta tell ya, I don’t know how much slower it can get!